(Hong Kong, October 31, 2019) ──, Hong Kong's leading integrated health care groupHong Kong Medical Group Co., Ltd.("Medical thinking Medical", together with its subsidiaries, collectively referred to as "Medical thinking Medical Group"; Stock Exchange of Hong Kong Stock Exchange: 2138) is pleased to announceYingsi Medical GroupA non-binding memorandum was entered into with Desijia Group (Hong Kong Stock Exchange: 1846) and its subsidiaries, collectively referred to as the "Desijia Group", on 30 October 2019. the two parties intend to form a joint venture (the "proposed joint venture") to develop ophthalmic services and related business. The Group is related toDe ShijiaThe group will each hold 50% interest in the proposed joint venture.
According to the memorandum, Med Healthcare Group and Desijia Group will explore the joint development of ophthalmology business in China, and plan to launch in existing areas, including Guangzhou and Shenzhen. In addition, the registered medical practitioners of the Desijia Group will act as consultants for the proposed joint venture, and the medical activities carried out by the clinic / service centre set up by the proposed joint venture will be carried out by ophthalmologists registered in Hong Kong. At the same time, personnel of the proposed joint venture can go to Germany for training. The Desijia Group will be mainly responsible for the medical matters of the proposed joint venture, while the Medical Group will be mainly responsible for marketing and recruitment in Hong Kong. The terms of the proposed joint venture are still under negotiation and the actual agreement is expected to be signed on or before December 31, 2019.
Mr. Tang Zhihui, Chairman, Executive Director and Chief Executive Officer of Medical thinking Medical"Medical Services has made great efforts to develop medical services in recent years to diversify the types of services," he said. This cooperation with Desijia, a leading German ophthalmology group, to expand its ophthalmology business in China and Hong Kong will help the Group to further grasp the huge demand for professional medical services in the Chinese and Hong Kong markets. The cooperation plan was first launched in Guangzhou and Shenzhen, which is in line with the Group's development strategy of actively expanding Guangdong-Hong Kong-Macau Greater Bay Area and seizing opportunities in the region. With the advantages of professional medical team, clinic network, and the development of one-stop medical services in the China and Hong Kong markets, combined with Desijia's top technology, the Group's industry leading position as a high-end medical group will be further strengthened. "
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About Hong Kong Medical Group Co., Ltd.
Hong Kong's largest non-hospital medical service provider * Med Healthcare focuses on prevention and precision care, develops medical artificial intelligence through multi-service integration, supporting high-end brands and quality customer service, and strives to provide customers with the most professional, safe and effective medical services.
At present, the clinic / service center directly operated by the Group is mainly located in the Greater Bay area, providing one-stop medical and health services. The service covers a wide range of areas Its major well-known service brands include DR REBORN, the one-stop medical beauty solution that has won the first place in Hong Kong for many years, Booz Medical Diagnostic Centre HKAI, Endoscope and Day Medical Centre Yan Fai specialist Centre HKMED, specialist Centre Union specialist SPECIALISTS CENTRAL, Chiropractic General practice Centre SPINE Central, Medical examination Centre re:HEALTH, Vaccine Centre Hong Kong Anmiao Medical Centre HKPV, Huier Pediatric Medical Centre Primecare, Oncology and cancer treatment center Yan Sang specialist center reVIVE, full dental service center UMH DENTAL CARE and general out-patient clinic Dr. PenguinTencentDoctorwork .
* based on 2018 revenue, according to an independent study by Frost Sullivan.